Vonage, one of the country’s biggest VoIP companies has been ordered to pay Sprint at least $69.5 million in fines and restitution. The judgement, handed down by a Federal Court judge references 6 major copyright infringements. Sprint, as the original owner of the aforementioned copyrights is entitled to immediate payment for damages already inflicted, as well as 5% of any future revenue that Vonage generates. We’re not accountants over here, but that’s a pretty significant portion of future profits. This settlement comes on the heels of a ruling earlier this year, granting Verizon a similar deal. Things aren’t looking so good for Vonage at the moment, now, are they?
Vonage pays Sprint $69.5 million fine
Updated Dec 19th, 2018 5:53PM EST
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Josh Karp followed his love of technology since a kid through to the present day. As a Special Correspondent at BGR, and part of the first editorial team, Josh covers press conferences, trade shows and other events around the world. An expert in all things mobile, Josh has more than eighteen years of experience covering the wireless industry.
